In the grip of a costly restructuring, the UK’s flag carrier airline has decided to replace its CEO with immediate effect.
New guidelines will allow employees to work remotely even after COVID-19 restrictions are lifted.
The airline, which has operated for 25 years, approaches a definitive loss for 2020 as travel restrictions are tightened.
The opportunities and stimulus measures resulting from the COVID-19 pandemic has drastically enriched the world’s wealthiest.
The furniture giant’s new CEO plans to open a record number of new stores, but with a different format from before.
Shares in the renowned engine maker fell to a 17-year low following its announcement of a rights issue.
Alan Joyce fell from the ranks of Australia’s highest-paid business leaders by refusing his salary and share incentives.